Division of Award. Tenant shall have no claim against Landlord arising out of or related to any taking, or for any portion of the amount that may be awarded as a result, damages or compensation attributable to damage to the Premises, value of the unexpired portion of the Term, loss of profits or goodwill, leasehold improvements or severance damages, and Tenant hereby assigns to Landlord all its rights, title and interest in and to any such award; provided, however, that Tenant may assert any claim it may have against the authority for compensation for Tenant's Personal Property and for any relocation expenses compensable by statute, as long as such awards shall be made in addition to and stated separately from the award made for the Land, the Building and the Premises.
Division of Award. Tenant shall have no claim against Landlord arising out of or related to any taking, or for any portion of the amount that may be awarded as a result, and Tenant hereby assigns to Landlord all its rights, title and interest in and to any such award; provided, however, that Tenant may assert any claim it may have against the authority for compensation for Tenant’s Personal Property and for any relocation expenses compensable by statute, as long as such awards shall be made in addition to and stated separately from the award made for the Land, the Building and the Premises.
Division of Award. Out of any award for any taking of Landlord's interest in the Premises, Landlord shall be entitled to receive and retain the amounts awarded for the value of the Ground Lease and Tenant shall have the right to file a claim and/or to obtain an award for the value of the unexpired term of this Lease and all Leasehold Improvements, the building and for the depreciated value of the Fixtures and Equipment and the Tenant's moving expenses and loss of business and the Tenant shall have the right to be a party to the acquisition or condemnation proceeding to make a claim for all of such aforesaid damages.
Division of Award. The Lessor and the Lessee shall each be entitled to receive and retain separate awards, or portions of lump sum awards, as are allocated to their respective interests in the condemnation proceeding. The termination of this Lease under this Paragraph shall not affect the rights of the respective parties to such awards.
Division of Award. If the order or decree in any condemnation or similar proceeding fails to separately state the amount to be awarded to Landlord and the amount to be awarded to Tenant by way of compensation; damages; rent; cost of demolition, removal, or restoration; or otherwise, and if Landlord and Tenant cannot agree on the amounts within thirty (30) Days after the final award(s) have been fixed and determined, then the value shall be determined by using the following valuation process:
Division of Award. In the event that an award is made for an entire or partial Taking or for damage to the Premises in any action in direct or inverse condemnation, the parties hereto agree that their respective rights to the award or compensation paid shall be as follows:
Division of Award. Any award for the taking of all or any part of the Buildings, Garage or other part of the Complex, or any payment made under threat of the exercise of such power shall be the property of Landlord, and Tenant hereby assigns to Landlord all of its right, title and interest in and to any such award, except for any portions of such award which are specifically allocated by the condemning authority as compensation for; (i) the taking of Tenant’s personal property and/or trade fixtures; and (ii) moving expenses. Tenant shall be entitled to any compensation separately awarded to Tenant for the matters set out in (i) through (ii) above.
Division of Award. Any award or payment made by the condemning authority upon any Taking shall be the sole property of Landlord, and Tenant shall have no claim thereof against the condemning authority, except that Tenant shall be entitled to make a separate claim for the value of the loss of Tenant’s trade fixtures, personal property and relocation expenses, however, Tenant shall in no event be entitled to any payment that reduces the award to which Landlord is or would be entitled for the condemnation of Landlord’s interest in the Premises.
Division of Award. 8 8.3. Condemnation of Less Than a Substantial Portion................... 9 8.4. Condemnation of a Substantial Portion............................. 9 8.5. Arbitration....................................................... 9 8.6. Temporary Taking.................................................. 10 8.7. Appraisal......................................................... 10
Division of Award. (a) If, during the term of this Lease, the Premises, or any portion thereof, are condemned or taken by any Governmental Authority having the power of eminent domain, or on behalf of which the power of eminent domain may be exercised, the court in such condemnation proceedings shall be requested to make separate awards to Landlord and Tenant as to their respective interests in the Premises, and Landlord and Tenant agree to request such action by the court. This Paragraph 8.2 (a) shall be construed as superseding any statutory provisions now in force or hereafter enacted concerning condemnation proceedings to the extent permitted by law.
